FANTASTIC INVESTMENT OPPORTUNITY, the one you’ve been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turn-key investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don’t miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am.
For sale
Price cut: $50K (5/6)
$1,149,000
1032 Greg St #1-2-5, Azle, TX 76020
8beds
5,349sqft
Multi Family
Built in 1991
-- sqft lot
$-- Zestimate®
$215/sqft
$-- HOA
What's special
Garage parkingPrivate well
- 78 days |
- 93 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Katy Reeves 0773315 972-313-5388,
Trinity Group Realty 817-941-6454,
Bradley Hutton 0828407 972-313-5388,
Trinity Group Realty
Source: NTREIS,MLS#: 21237322
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Double Vanity, Walk-In Closet(s)
- Flooring: Carpet, Combination, Ceramic Tile
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 5,349
- Total interior livable area: 5,349 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Driveway, Garage
- Attached garage spaces: 7
Features
- Levels: One
- Stories: 1
- Patio & porch: Awning(s)
- Pool features: None
- Fencing: Back Yard,Wood
Lot
- Size: 1 Acres
- Dimensions: 210 x 213.54 x 210.36 x 201.31
Details
- Parcel number: R000055539
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Asphalt
Condition
- Year built: 1991
Utilities & green energy
- Sewer: Aerobic Septic, Septic Tank
- Water: Well
- Utilities for property: Septic Available, Water Available
Community & HOA
Community
- Subdivision: T&P Rr Co #7 Surv A 1431p Tr 2
HOA
- Has HOA: No
Location
- Region: Azle
Financial & listing details
- Price per square foot: $215/sqft
- Date on market: 4/15/2026
- Cumulative days on market: 79 days
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
$1,684/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $1,149,000-4.2%$215/sqft |
Source: NTREIS #21237322 Report a problem | ||
| 4/15/2026 | Listed for sale | $1,199,000$224/sqft |
Source: NTREIS #21237322 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 76020
Nearby schools
GreatSchools rating
- 8/10Cross Timbers Elementary SchoolGrades: PK-4Distance: 0.9 mi
- 4/10Santo Forte J High SchoolGrades: 7-8Distance: 2.5 mi
- 6/10Azle High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Cross Timbers
- Middle: Azle
- High: Azle
- District: Azle ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Parker County
- Azle
- 76020
- 1032 Greg St Unit 1-2-5




